Automotive Cockpit Electronics Market Size, Is Expected to Grow At 8.5% CAGR During Forecast 2023

Summary

Automotive Cockpit Electronics Market Size by Product Type (Head-up Display, Information Display, Infotainment & Navigation, Instrument Cluster, Telematics, and Others), Technology Type (Basic and Advanced), End Market (Economic Passenger Car, Luxury Cars, And Mid-Scale Priced Vehicle), Vehicle Type (passenger car and commercial vehicle), and region – Forecast 2023.

Competitive Dashboard

Robert Bosch GmbH (Germany), IAV (Germany), Harman International (U.S), Continental AG (Germany), Visteon Corporation (U.S), Delphi Automotive PLC (U.K), Alpine Electronics Inc. (Japan), Denso Corp. (Japan), Johnson Controls (U.S.), and Magneti Marelli (Italy) are some of the few players in the global Automotive Cockpit Electronics Market Size, that are anticipated to contribute substantially to market growth over the next couple of years. These players are presumed to resort to growth trajectories such as mergers & acquisitions, collaborations with end-users, product innovations, etc. Investments are likely to increase in research & development, which is prognosticated to encourage competition in the Automotive Cockpit Electronics Market Size, in the years to come.

Segmentation

The segments of the global Automotive Cockpit Electronics Market Size based on product type, are telematics, HUD, infotainment & navigation, information display, instrument cluster, and others. Among these, the HUD segment is anticipated to dictate the growth of the market owing to the rising demand for luxury cars.

The global Automotive Cockpit Electronics Market Size, has been divided on the basis of vehicle type, which covers passenger car and commercial vehicle.

Regional Analysis

The geographical assessment of the global Automotive Cockpit Electronics Market Size,, on the basis of region, has been segmented on the basis of region and also covers country-level analysis of the same. The key regions profiled in the study are North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). Asia Pacific is expected to dominate the growth of the global market over the next couple of years. Increasing demand for automobile, in conjunction with consolidation of fast-developing nations, is expected to support the growth of the Automotive Cockpit Electronics Market Size, in the forthcoming years. The strong economic development in countries such as China and Japan are anticipated to drive market growth in the years to come.

Europe is the second-largest regional segment and is likely to benefit from the rising number of passenger vehicles in the region. Germany is projected to contribute to the development of the Automotive Cockpit Electronics Market Size, in the region over the next few years.

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